Metallic Driers Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 3.8 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
The metallic driers market plays a pivotal role in enhancing the performance and effectiveness of products in various applications such as paints, inks, coatings, and others. Metallic driers are chemical compounds that catalyze the oxidation of drying oils in paints and coatings, accelerating the drying process and improving their durability. The demand for these driers is increasing due to the growing industrial applications and the rise of demand for eco-friendly products. As the market evolves, various subsegments have gained attention, with each serving a specific role in enhancing the end product's quality. These driers are essential to industries where fast-drying properties, protection, and performance enhancements are critical. The increased focus on product innovation and the introduction of environmentally friendly alternatives are key factors driving the market's expansion.
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The paint industry is one of the largest consumers of metallic driers, where they are used to accelerate the drying process and enhance the product's overall quality. Metallic driers, such as cobalt, manganese, and zirconium, play a critical role in improving the drying time and the hardness of paint films. As the demand for high-quality paint with superior performance properties increases across various industries, the need for effective driers to support faster application and better durability becomes crucial. These driers not only shorten drying times but also help improve the gloss and overall appearance of painted surfaces. Innovations in metallic driers in the paint industry are aimed at improving performance while reducing environmental impact.
The global trend of shifting towards low-VOC (volatile organic compound) and non-toxic paints has influenced the development of alternative metallic driers that meet environmental standards. As the paint industry is closely linked with both residential and commercial applications, the growing demand for sustainable and efficient products continues to boost the market for metallic driers. The ongoing research into advanced driers that offer enhanced performance, reduced environmental impact, and compatibility with newer paint formulations is expected to drive significant growth in this subsegment.
The ink industry also represents a significant portion of the metallic driers market, where they are used to speed up the curing and drying of inks applied to various substrates. Metallic driers in inks are critical in ensuring fast drying times, reducing smudging, and improving print quality. These driers help enhance the printability of inks on different surfaces, whether in high-speed printing or digital printing applications. In the ink industry, the metallic driers serve as catalysts that support the oxidation of oils, allowing inks to dry rapidly and evenly. These properties are especially crucial in industries such as packaging, labeling, and publishing, where efficiency and print quality are highly valued.
Furthermore, the shift towards environmentally friendly printing practices has prompted the ink industry to adopt alternative metallic driers with lower environmental impact, including those that align with low-VOC standards. As printing technologies continue to advance and demand for more sustainable printing solutions grows, the role of metallic driers in ensuring superior ink performance will remain indispensable. Innovations in this area are expected to lead to the development of new formulations that offer better drying rates, enhanced color performance, and reduced toxicity, all of which are set to fuel growth in the metallic driers market for inks.
The coatings industry, including automotive, industrial, and decorative coatings, also utilizes metallic driers to improve the drying process and the performance of the coating. Metallic driers are particularly important in automotive coatings, where they help achieve fast drying and high gloss finishes while ensuring durability and protection from external elements. In industrial coatings, metallic driers assist in enhancing corrosion resistance and improving the film hardness of the coatings. Coating manufacturers rely on these driers to optimize drying times, especially in environments where quick turnaround times are required. With the rise in the demand for high-performance coatings across different sectors, the demand for advanced metallic driers has been steadily increasing.
The global trend of adopting sustainable practices in coatings has influenced the development of new metallic driers that are more eco-friendly and align with stringent environmental regulations. These driers are often designed to improve the overall functionality of coatings, such as resistance to environmental factors like moisture and UV rays. With the continuous innovation in coating technologies and the need for more efficient and durable products, the metallic driers market for coatings is expected to experience robust growth, driven by the demand for both high-quality performance and sustainability.
The "others" segment of the metallic driers market encompasses a variety of industrial applications where these driers are used in products other than paints, inks, and coatings. This includes applications such as lubricants, adhesives, and plastic production, where metallic driers play a vital role in enhancing drying times and improving the quality of the final product. In these industries, metallic driers serve as catalysts that enable more efficient manufacturing processes and ensure that products have the desired properties, such as faster setting times and enhanced durability. The versatility of metallic driers makes them applicable in a wide range of industrial uses beyond traditional coatings and paints.
As industrial applications continue to diversify, the demand for metallic driers in the "others" segment is expected to grow. With advances in chemical formulations and innovations in drier technologies, the market for these driers in various industrial applications is set to benefit from new product developments that cater to both efficiency and sustainability. Companies are exploring ways to make these driers more compatible with environmentally conscious production methods, driving opportunities for expansion across different sectors.
1. The growing demand for sustainable and low-VOC products is one of the key trends influencing the metallic driers market. Companies are increasingly developing eco-friendly alternatives to traditional driers, focusing on reducing their environmental impact while maintaining product performance. This trend is particularly relevant in industries such as paints and coatings, where regulatory standards for VOCs are becoming stricter.
2. Another significant trend is the continuous innovation in metallic drier formulations, leading to enhanced drying properties, improved durability, and better compatibility with various substrates. Manufacturers are investing in research and development to produce more efficient and cost-effective driers that can meet the evolving needs of industries such as automotive coatings, printing, and industrial coatings.
1. The expansion of the automotive and construction industries is creating significant opportunities for the metallic driers market. As demand for high-quality coatings and fast-drying paints grows, the need for effective metallic driers will increase. Companies that can provide innovative, environmentally friendly driers will be well-positioned to capitalize on these opportunities.
2. Emerging markets, particularly in Asia-Pacific, offer substantial growth prospects for the metallic driers market. With rapid industrialization, urbanization, and increased demand for consumer goods, the region presents a large market for paints, coatings, and inks. Companies that can cater to the unique demands of these markets, including cost-effective and sustainable solutions, are likely to see substantial growth.
What are metallic driers used for in the coatings industry?
Metallic driers are used to accelerate the drying process of coatings, improving film hardness and enhancing gloss and durability.
Which metals are commonly used in metallic driers?
Cobalt, manganese, and zirconium are the most common metals used in metallic driers for paints and coatings.
How do metallic driers affect the drying time of paint?
Metallic driers catalyze the oxidation of drying oils in paint, significantly speeding up the drying time and improving the overall performance of the paint.
Are metallic driers environmentally friendly?
Some metallic driers are formulated to meet low-VOC and environmentally friendly standards, although many still require improvements to reduce their environmental impact.
What industries use metallic driers?
Industries such as paint, ink, coating, automotive, and packaging rely heavily on metallic driers for faster drying and enhanced performance.
How do metallic driers improve ink performance?
Metallic driers help accelerate the drying process of inks, preventing smudging and improving the quality of prints on various substrates.
Can metallic driers be used in eco-friendly products?
Yes, the market is witnessing an increasing focus on developing metallic driers that meet eco-friendly and low-VOC standards for sustainable products.
What is the role of metallic driers in the automotive industry?
In automotive coatings, metallic driers enhance drying time, improve gloss, and provide durability against weathering and wear.
What are the benefits of using metallic driers in industrial coatings?
Metallic driers improve drying times, increase the hardness of the film, and enhance resistance to corrosion and environmental factors in industrial coatings.
How is the demand for metallic driers expected to evolve in the future?
With increasing demand for faster drying products and eco-friendly solutions, the market for metallic driers is expected to grow, driven by innovation and sustainability trends.
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Dura Chemicals
Borchers
Umicore
Allnex
Venator
Arc Chemicals
COMMET
DIC Corp
Aryavart Chemicals
Comar Chemicals
Troy Corporation
Shenyang Zhangming
Shanghai Changfeng
Xianju Fusheng
Dalian First Organic
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Metallic Driers Market
Paint
Ink
Coating
Others
Based on Types the Market is categorized into Below types that held the largest Metallic Driers market share In 2023.
Cobalt
Zirconium
Calcium
Manganese
Zinc
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
1. Introduction of the Global Metallic Driers Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Metallic Driers Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Metallic Driers Market, By Type
6. Global Metallic Driers Market, By Application
7. Global Metallic Driers Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Metallic Driers Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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